First 3D printing and technology fund launched
Outlook Funds Trust has launched the 3D Printing and Technology Fund, the trust’s inaugural fund and the first-ever mutual fund covering 3D printing and additive manufacturing.
The fund is managed by 3D Printing Fund Advisers, with Alan M Meckler serving as senior portfolio manager and John M. Meckler as co-manager and chief compliance officer.
The 3D Printing and Technology Fund’s initial portfolio will be comprised of pure-play 3D printing companies from around the world that develop, distribute or utilise 3D printing equipment and materials in such categories as automotive, aerospace, military/defence, dental, medical, bio-printing, fashion, footwear, jewellery, eyewear, education, geographic information systems and food products.
The initial offering is available currently in one class – Institutional (TDPIX) – and the minimum investment is USD2,500.
“3D Printing has evolved into a major industry,” says Meckler. “Start-ups and large corporations are behind the ongoing paradigm shift in manufacturing for both industry and personal use, and this change has produced a perfect climate to launch a fund that provides a convenient method for investors to participate in the growth of 3D printing.”
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